Canadian Natural Resources agreed to buy the Canadian business of Devon Energy for C$3.8 billion ($2.8 billion). gaining heavy-oil assets in the province of Alberta.
Read More »Oil Slumps as U.S.-China Trade Hostilities Escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth.
Read More »World’s Largest Oil Exporter Investment in US Shale Gas
This is a signal of Aramco’s intent to become a global gas player and develop a broad LNG portfolio.
Read More »Exxon. Chevron will Face Climate Change Pressure from Investors
Exxon’s ``inadequate response to climate change constitutes a serious failure of corporate governance.
Read More »BC Has No Power To Regulate Crude Flowing Through Trans Mountain
The project has languished in pipeline purgatory as Canada’s federal government. BC. Alberta. indigenous groups. and environmentalists continue to wage war over the controversial project.
Read More »The US Tariffs on China Have Been Paid Almost Entirely by US Importers
The IMF study says tariff revenue collected from levies on Chinese goods has been borne almost entirely by U.S. importers
Read More »Trade Protection Doesn`t Have to Exclude Growth Stocks
The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher. but investors don’t need to get all defensive just yet. according to strategists who say there are plenty of growth stocks with some insulation from China.
Read More »Shell Starts Production at Appomattox in the GOM
Royal Dutch Shell announced that production has started at Appomattox floating production system months ahead of schedule. opening a new frontier in the deep-water U.S. Gulf of Mexico.
Read More »US Mulls Blacklisting Chinese Video Surveillance Maker Amid Trade War
The US administration is considering imposing limits on Chinese video surveillance system maker Hikvision in the latest attempt to counter China'.s economic expansion. The New York Times report reported. citing sources familiar with the matter.
Read More »America Struggles to Keep Its Leadership on the Global Nuclear Power Market
In the U.S.. nuclear power plants come under pressure from competition from low natural gas prices.
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